Prepare Cash Flow Statement of Star Pharmaceuticals Ltd., based on Balance Sheet as on 31.03.2021 and Income
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Question:
Prepare Cash Flow Statement of Star Pharmaceuticals Ltd., based on Balance Sheet as on 31.03.2021 and Income Statement for the year 2020-21: Additional Information:
An amount of 100 was raised from fresh Long Term Rupee Loan
An old Fixed Asset with
Original Cost of 200 and Accumulated Depreciation of 120 was sold for 30
Dividend of 1,450 was paid during the year
On the Dividend Income received, an amount of 30 was deducted by the investee company as TDS, which is considered in the amount of Tax Expense as well as Income
Tax payable as on 31.03.3021
Related Book For
Principles of Accounting
ISBN: 978-1133626985
12th edition
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
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